News@lemmy.world · 5 months ago

Wells Fargo Is Plotting to Privatize the Post Office

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Wells Fargo Is Plotting to Privatize the Post Office

jacobin.com

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News@lemmy.world · 5 months ago

A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.

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5 months ago
They should have been nationalized in 2009 instead of receiving $25 billion bailout loan.

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